My final word .....!!! I agree 90% with you Crab . I never said it was as safe as flying high ..of course there is some reduction in overall safety . Is it dangerous , especially if flown by a competent pilot , No . Lastly the reaction to a power failure is very different to high altitude failure . When close to the ground your flare reaction will be the correct reaction just in the same way as if you hit a gust or shear . You are not reacting to the failure , and possibly may not have recognised it , but you will automatically maintain altitude in that split second .
People far more clever than me demonstrated this to me when crop spraying ...believe or don't believe !! If you are so concerned about safety ,why not get an answer to why we have done nothing about the real killer over the last 40 years . The same one that fixed wing have all but eradicated !!